Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.20.4
BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 68,986 $ 161,405
Prepaid expenses 1,598 304,077
Total current assets 70,584 465,482
Marketable securities held in Trust Account 109,742,246 162,019,909
Total assets 109,812,830 162,485,391
Current liabilities:    
Accounts payable 1,961,576 121,516
Accrued expenses (0) 30,610
Convertible note payable - related parties 1,500,000 750,000
Promissory note – related party 1,000,000 (0)
Franchise tax payable 40,051 40,000
Total current liabilities 4,501,627 942,126
Deferred tax liabilities (0) 128,105
Deferred underwriting commissions 5,433,750 5,433,750
Total liabilities 9,935,377 6,503,981
Commitments    
Class A common stock, $0.0001 par value; 0 and 14,461,820 shares subject to possible redemption at $0 and $10.44 per share at December 31, 2020 and 2019, respectively (0) 150,981,401
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2020 and 2019, respectively (0) (0)
Additional paid-in capital 99,730,418 2,757,412
Retained earnings 145,608 2,242,103
Total stockholders’ equity 99,877,453 5,000,009
Total Liabilities and Stockholders’ Equity 109,812,830 162,485,391
Common Class A [Member]    
Stockholders’ Equity:    
Common stock value 1,039 106
Common Class B [Member]    
Stockholders’ Equity:    
Common stock value $ 388 $ 388